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What are the conditions under which Bonchon's Affiliates can use Stripe Services under separate agreements?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

Only businesses (including sole proprietors) and non-profit organizations located in the United States are eligible to apply for a Stripe Account and use the Services. Stripe and its Affiliates may provide Services to you or your Affiliates in other countries or regions under separate agreements.

Source: Item 23 — RECEIPTS (FDD pages 92–536)

What This Means (2025 FDD)

According to Bonchon's 2025 Franchise Disclosure Document, Stripe and its Affiliates may provide services to Bonchon's affiliates in other countries or regions under separate agreements. This indicates that while the primary agreement for Stripe services is between the franchisee and Stripe, Bonchon's affiliates can also directly engage Stripe for services, particularly if they are operating in different geographic locations.

This arrangement provides flexibility for Bonchon's affiliates, allowing them to establish direct relationships with Stripe that are tailored to their specific operational needs and regional requirements. The separate agreements would likely address the unique legal and regulatory landscapes of the countries or regions in which these affiliates operate.

For a prospective Bonchon franchisee, this means that if they have affiliate businesses operating outside the United States, those affiliates can independently contract with Stripe for services. This can streamline operations and ensure compliance with local laws, as the agreements can be customized to fit the specific circumstances of each affiliate's location. It is important for franchisees to understand the terms of these separate agreements to ensure consistency and avoid conflicts with the main franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.